The California Independent System Operator on July 11 announced that total battery storage capacity on the grid increased to 5,600 megawatts from about 500 megawatts just three years ago. This ten-fold growth since 2020 enhances reliability as the state progresses towards the goal of achieving 100 percent clean electricity by 2045. Based on an average…...
The U.S. Energy Department has announced $72 million to small-scale businesses for scientific projects related to clean energy and climate change. In total, 296 projects will receive funding across 44 states encompassing a wide range of focus areas, including renewable energy, nuclear energy, cybersecurity, advanced materials and manufacturing, microelectronics, and artificial intelligence. This investment will…...
Heightened activity around energy storage reflects the growing importance of the technology to meet clean energy goals. Increasing levels of renewable energy, electrification of buildings and transportation, as well as… Read the full report …...
Heightened activity around energy storage reflects the growing importance of the technology to meet clean energy goals. Increasing levels of renewable energy, electrification of buildings and transportation, as well as retirement of fossil fuel generators are driving growth in battery storage installations.
Demand response (DR) is becoming an important tool in utility resource plans to manage demand on the power grid and integrate intermittent energy resources. DR programs allow consumers to play a role in the operation of the grid by reducing or shifting their electricity usage during peak periods in response to time-based rates or other forms of financial incentives.